Bengaluru, June 24 -- Anti-dumping duty is a trade measure imposed by a country to protect domestic industries from imports that are sold at unfairly low prices. It is applied when authorities find that foreign producers are exporting goods below their normal value and causing harm to local manufacturers. The duty aims to ensure fair competition, prevent market distortions, and create a level playing field for domestic businesses.

India Launches Anti-Dumping Investigation

India's Directorate General of Trade Remedies (DGTR), which functions under the Commerce Ministry, has started an anti-dumping investigation into imports of certain electrical steel products from China, Japan, South Korea, and Russia. The investigation was initiated af...